Senate Daily Digest
March 9, 2016
9:00 am
Senate Chamber

Adjourned
 

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  BLUE = already considered.   RED = currently being considered.   BLACK = not yet considered.
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Reconsideration
 HB19JAMESTAX/CORP FRANCHISE - Provides relative to the entities to which corporate franchise tax applies (Item #28) (EN +$10,340,000 GF RV See Note)

Senate Concurrent Resolutions Returned from House With Amendments
 SCR6BRET ALLAINTAX/AD VALOREM - Establishes a task force to study ad valorem taxes that are offset by state tax credits.
 SCR8MORRELLTAX/INCOME/CORPORATE - Clarifies the intent of the Legislature that Act 108 of the 2015 Regular Session is to apply prospectively only.

Senate Bills Returned from House with Amendments
 SB15MORRELLTAX/TAXATION - Provides relative to the application of refundable tax credits. (Item #26)(gov sig) (EN NO IMPACT GF RV See Note)
 SB22MORRELLTAX EXEMPTIONS - Modifies the sales and use tax exemption for domed stadium facilities, baseball facilities, and other publicly owned facilities. (Item #36)(gov sig) (REF INCREASE GF RV See Note)

Senate Bills 3rd Reading and Final Passage Subject to Call
 SB5ERIC LAFLEURTAX/TAXATION - Provides for the suspension of Louisiana Citizens Property Insurance Corporation assessment income tax credit. (gov sig) (EG +$32,400,000 GF RV See Note)
 SB6MORRELLTAX/AD VALOREM - Provides for the reduction of the amount of certain ad valorem tax credits and provides for the carryforward rather than the refund of a certain portion of excess credit amounts. (gov sig) (EG +$253,000,000 GF RV See Note)
 SB18MORRELLTAX EXEMPTIONS - Provides relative to sales and use tax exemption for rental or purchase of airplanes or airplane equipment and parts by Louisiana domiciled commuter airlines. (Item #36)(gov sig) (EG INCREASE GF RV See Note)
 SB19MORRELLTAX EXEMPTIONS - Provides relative to the sales and use tax exemption for antique airplanes held by private collectors and not used for commercial purposes. (Item #36)(gov sig) (EG INCREASE GF RV See Note)
 SB21MORRELLTAX EXEMPTIONS - Includes numismatic coins and bullion in the definition of tangible personal property subject to sales and use tax. (Item #36)(gov sig) (EG INCREASE GF RV See Note)

House Bills 3rd Reading and Final Passage
 HB61MORRISTAX/SALES & USE - To provide with respect to the applicability of certain exclusions and exemptions from state sales and use taxes (EN +$272,300,000 GF RV See Note)
 HB75STOKESTAX/INCOME TAX - Changes the rates and brackets for purposes of calculating individual income tax liability and eliminates certain deductions (Item #3) (RE1 SEE FISC NOTE GF RV See Note)
 HB76STOKESTAX/INCOME TAX - (Constitutional Amendment) Eliminates the income tax deduction for federal income taxes paid for purposes of computing individual and corporate income taxes and references to the maximum amount of individual income tax rates and brackets (Item #3) (RE1 SEE FISC NOTE GF RV See Note)
 HB80STOKESTAX/INCOME TAX - Repeals the state income tax deduction for federal income taxes paid for purposes of calculating individual and corporate income taxes (Item #17) (RE1 SEE FISC NOTE GF RV See Note)

House Bills 3rd Reading and Final Passage Subject to Call
 HB2BROADWATERTAX CREDITS - Repeals the Student Assessment for a Valuable Education (SAVE) credit program (Item #14) (EN NO IMPACT GF RV See Note)
 HB54BROADWATERTAX/SALES & USE - Requires the advance payment of sales tax (Item #35) (EG1 SEE FISC NOTE GF RV)
 HB55LEGERTAX/INCOME TAX - Requires that certain deductible items be added-back on certain corporate income tax returns (Item #5) (EN INCREASE GF RV See Note)
 HB99STOKESTAX/CORP INCOME - Provides relative to the apportionment ratio for purposes of computing corporate income tax (Item #5) (EG SEE FISC NOTE GF RV See Note)
 HB116IVEYTAX/CORP INCOME - Provides relative to loss years for purposes of the net operating loss deduction for corporate income tax (Item #5) (EN SEE FISC NOTE GF RV See Note)

Instruments Pending Senate Conference
 HB57STOKESTAX CREDITS - Repeals three-year sunset on certain eligibility requirements relative to the income tax credit for net taxes paid to other states (Item #13) (EGF DECREASE GF RV See Note)
 HB62JACKSON-ANDREWSTAX/SALES-USE, STATE - Impose a one cent sales and use tax (Item #9) (EN +$880,600,000 GF RV See Note)
 HB95LEGERTAX/INCOME TAX - Repeals the state income tax deduction for federal income taxes paid for purposes of calculating corporate income taxes (Item #17) (EN +$22,000,000 GF RV See Note)
 HB122CAMERON HENRYAPPROPRIATIONS/SUPPLEML - Supplemental appropriations and reductions in appropriations for Fiscal Year 2015-2016 (Item #1)